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. with me today, ben stein. steve cornaki is joining us, as well. president obama returned to washington moments ago, cutting short his christmas vacation. the president has now spoken with all four congressional leaders, according to the white house communications director he. the house remains on vacation, but there are a few signs of life in the capital. gop leaders have released a new statement with an old message to the senate. the ball is in your court. the statement says the house will take action on whatever the senate can pass, but the senate first must act. well, this morning, senate majority leader reid slammed the house republicans not not even showing up. >> if we go over the cliff, and it looks like that's where we are headed, the house of representatives as we speak with four days left after today before the first of the year aren't here with the speaker having told them they will give them 48 hours inside. i can't imagine their conscious. >> well, senator reid is expected to hold a news conference about the talks this afternoon. so here is where we stand. reid wants to ge
on you is seeing the broadway show "ben franklin in paris." why? >> i volunteered to go to vietnam, it was an advisory effort, it was not leading u.s. combat troops. a lot of people told me i was crazy. what are you doing this for? there is no career enhancement for you going over there and advising them and that sort of thing. i told them they don't understand. it is a sense of duty. i'm an instrument of war. i was not articulating my possession well. -- my position very well. then i saw "ben franklin in paris" and this wonderful last scene where ben franklin stands up about how will i find those americans then. will they love liberty given it to their crib for nothing. if you are not free you are lost without hope. and are they willing to die for it? that is one question that you have to ask, are you willing to die for it and the answer must be, yes, sir, i would. that is why i was going to vietnam. i have never forgotten those words. >> there's another point where you talk about the civilians in washington seeing too many rambo movies. >> there was an element pressuring, i felt,
're following is ben smit of buzz feed, carol roth radio host and maria cardona, the democratic strategist and cnn contributor and ali velshi our chief business correspondent. what do you make of this deal that looks like it's going to be a deal, the house looks like it's going to follow the senate's lead, carol, pleat go to you first. good deal or bad deal? >> well, i guess it depends on for who. for the american people i think this is a mediocre deal at best because it doesn't have a solution. i have a very hard time throwing a parade for a congress that took 13 months to get a mediocre solution that doesn't address spending, doesn't address the debt, raises taxes not only on the wealthy but i keep hearing it's not raising taxes on the middle class. that's not true. the payroll tax cut is expiring. so taxes are going up for everybody. we're going to end up in a situation where we end up fighting over the debt ceiling and sequestration in two months. so maybe the market makes out okay but the american people didn't make out okay with this. >> but that payroll tax cut was always seen as a
in employment insurance ben filt fits and deal with unemployment insurance cuts. >> so the question is, could they actually get that many republicans to vote for this package that the president is calling for? >> but politically, what he is doing is essentially saying this is the plan that i'm putting forth. let's get it through the senate and if it fails, it will fail in the republican-led house. essentially having rely cans having owned that failure. >> i didn't hear also about the debt ceiling that the treasury secretary was just saying we need to raise pretty much any day now. is this going to be the next couple of months in terms of this debate? does the white house have a strategy for dealing with both in the next phase? >> well, they're quite clear that there's probably just too much at this point to put that in this initial package, specifically the debt ceiling. that they're saying there's probably no way that they're going to be able to address that right now. they know that that's sort of the next big hurdle that they're going to have to face, once they deal with the immediate issu
picked up the dixiecrats. they played that game. here's ben affleck in 1980 by pretending to be producing a hollywood movie. >> you've got six people highing out in a town. you want to set up a movie in a week. you want to lie to hollywood, a town where everybody lies for a living, and then you're going to sneak a 007 and then you're going to walk the brady bunch out of the most watched city in the world. >> that's right. >> right. look, i've got to tell you. we did suicide missions in the army that had better odds than this. >> what did you think? i was at a movie theater in washington and everybody cheered like mad at a movie when that was over. >> oh, i know. i think it's a hustle of genius. i think ben should take that senate position that's open. he proves that he is just a consummate showman in this movie. everything about this movie is real. absolutely real. fetishistically real, except for the climax which is straight out of a hollywood cliff hanger from the 1920s. but it's a terrifically entertaining movie. and it shows you how much we didn't know way back when. >> i know, i reme
overjoyed to adopt ben. >> you've gotten to be a big boy. >> a head full of hair. >> i know. like daddy's. >> a relationship that took nearly a year to get started. >> it's a million pieces of paper. you laugh about it, but it really is quite an intensive process. >> now at home, ben just turned 7, very much an all-american boy. >> how about some milk? >> i hate milk. >> you hate milk. >> celebrating the holidays, last christmas they decided to adopt a second russian child, prepared to work through those sticky wheels of bureaucracy all over again. now it's politics threatening to derail their dream entirely. russian president vladimir putin, angry about a new law targeting human rights violators, today has banned all adoptions to america. some lawmakers have been trumpeting certain cases in which kids were hurt in the states. like one in virginia four years ago when a child died after accidently being left in a hot car. the father was found not guilty of voluntary manslaughter. >> there really is a great irony here in that america speaks out against human rights violations in russia an
are packing our parachutes with luke russert, aman jabbers, politico's ben white, and mckay and the huffington post ben. plus, the latest on secretary of state hillary clinton's health concerns and how the new benghazi report and succession at stake will impact the white house's other looming cabinet concerns. and the president officially puts gun control on his second term agenda. can his new priority become a reality? all that when "now" starts in a mere 180 seconds. keep my eye o. but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare.
and the world's tallest building. byi big ben struck 12 in england as well. next to iran where military drills continue for a fourth straight day. iranian officials say their military tests fired a range of weapons yesterday including the new air defense system seen here. a scary scene in brazil rescue crashes right into the water. this is in rio de janeiro. they managed to make it out okay the swimmer was also saved a surfer. >> wow. >> oo in with the new year out with the old in the big apple. look at times square with the clean upfrom last night's new year's eve if he is tiffities is still underway. 2,000 pounds of confetti blew through the air after the ball dropped that means a good party but a lot of sweeping up to do. >> a look at how crews will tackle the cleanup. >>> good morning to you. these workers are unbelievable. i want them to come clean my apartment. you would barely know there was a party here last night. cleanup is well underway. many of the streets look very spiffy even a few hours after the huge party. it was a party that went off without a hitch. performances by taylor sw
to being destroyed by a mob of patriots because ben franklin showed sentiments of moderation in compliance with the stamp act. he appointed a friend of his to be a stamp master and those sentiments of compliance and moderation come through in the newspapers. for instance benjamin franklin printed the pennsylvania gazette in 172-92-1748. for the next 16 years until 1758 he remained a business partner wear on the back of every pennsylvania gazette it's filled with his name printed by d. franklin and dee hull. while he didn't, was inactive in the daily printing business, it still carried his name and that pennsylvania gazette was one of the first principles texts of the stamp that. that in sylvania cassettes just a few weeks later was also advertising for franklin's poor richman almanacs which in the 1776 edition were promoting is having the fold text of the stamp act which all columns should be familiar with because it will affect you all. there in those newspapers accompaniments you start to see sentiment of moderation. also the boston tea party, this is the december 21, 1773 gazette printe
: is there any possibility ben bernanke and tim geithner could both be replaced? from what i have read, they both have a background or some dealings with the basics and will street. my impression is they are in bed with big banks in wall street and favor them. their policies have always favored those guys. that may be part of the reason they were never held accountable for the things that happened five in 2008. guest: there is no doubt they did work together on the tarp legislation during the financial collapse of late 2008. ben bernanke was the chairman of the federal reserve. tim geithner it was the head of the federal reserve. i cannot remember whether ben bernanke's term is coming up in 2014. there is talk that tim geithner may be the next fed chair. it is quite likely we will have a new fed chair some time during obama's second term. host: when you say chatter, is this the white house getting that out to reporters? guest: like wall street, people talk. if ben bernanke were to leave the fed, tim geithner would be a natural candidate. it would be natural he would be considered. whether he woul
the deadline. nebraska democrat ben kesselon: >> if we don't have a deal within the next 24 hours, the question is, where do you buy a parachute? it looks like we'd be going over the cliff. >> reporter: but leader reid had this warning about the shape of a deal to come. >> everybody, whatever we come up with is going to be imperfect and some people aren't going to like it. some people will like it less, but that's where we are. >> reporter: up until now, reid and mcconnell have kind of been sitting on the sidelines as the president and speaker boehner tried but failed to come up with a deal. and it's kind of fitting that they're swooping in now at the last minute. that's exactly what they did during the debt crisis last summer, and the legislation they came up with, jeff, contributed to the fiscal cliff that we're facing right now. >> glor: the president says this just keeps happening again and again. nancy cordes, thank you. income taxes won't be the only taxes going up, if there's no agreement. estate taxes paid by those who inherit property will also jump. here's john blackstone. >> reporter
school in that city was shut down, there were boycotts, protests, and ben chavis, a reverend -- still a reverend, called in to quell some violence. one night of rioting a white-owned supermarket was firebombed. chavis, eight other black males and a white female seeing on the screen now were convicted of arson and conspiracy and sentenced to a combined 282 years. no one was killed in the fire but convicted. and a few years later, one of the witnesses recanted his story from the trial and said that he was coerced and bribed, others did the same. their convictions were overturned and they were released after about eight years. just yesterday, north carolina governor bev perdue pardoned them and gave them a pardon of innocence. here's part of what she said. convic c convictions represent an ugly stain on north carolina's justice system that cannot be allowed to stand any longer. again, four of the wilmington ten have since died before they saw that statement from north carolina's governor. >> why did it take so long? >> it happened because, after probably 25, 30 years some notes were foun
a desperate plea for help to find her two missing boys. a nationwide search was under way to locate ben and henry, they were on a holiday trip with their father in tennessee, they were supposed to return to georgia on december 24th, they never came back. during our live interview last night teresa made a desperate plea for help to find her sons. minutes after that interview, the boys called their mother, told her they were safe and that they were in austin, texas. police there tell cnn that someone at a hotel recognized the boy from the amber alert and our program and contacted police. theresa jumped on a plane to texas and was reunited with her sons just hours later. theresa and her sons have returned and they came here to our couch to share their story. she has not told them everything. but here's how our conversation went. >> tell us what happened at the hotel. >> we tried calling her, but it went to -- it seemed like her phone was shut off. and there was no -- it didn't turn -- it didn't answer. >> right. >> and then the man came in and said what? >> i forget. what man? >> the man c
' lady ] live the regular life. phillips'. >>> from nra dodge ball to ben affleck here's the top lines. >> merry christmas everybody. >> remember the five ds of dodge ball. >> could cow conceive guns could be part of the problem? >> what kind of gun is this? >> is that a dodge? >> dodge, duck, dip, dive, and die. >> a lot of people were frankly shocked by your presentation. >> what you just said is one of the most insanely idiotic things i've heard. >> you have to conceive it may not work. >> if it's crazy to call for putting police and armed security in our school to protect our children, then call me crazy. >> you're crazy, man. you're crazy. so here's a magazine for ammunition that carried 30 bullets. >> i know what you're thinking. did he fire six shots or only five? >> you want one more law on top of 20,000 laws when most of the federal gun laws are. >> enough. >> enough. >> demand a plan. >> right now. >> i need your help. i do. i have a great fondness and admiration for the political process. >> you can never ask me about what it is and we're going to hurt people. >> i'm happy b
will walk the cliff. tom ronafaruhar and ben white. plus, one man could hold the key to a successful second term for president barack obama. senator jeff murphy will join us to explain why before the senate does anything, it has to reform the fill la buster. and we will look at this debate that has been prompted by the movie "zero dark 30" with professor, author, and emmy award winner. all that starts in just three minutes.
made over 2. an odds game. >>> ben in pennsylvania. jim, i'm a new home gamer and a question regarding takeover bids. an i deal time when a company gets a takeover bid? i like to ring it immediately. immediately. because i am not an arbiter, and you shouldn't be either. we need to look for the next big win. tweets, this one fro from @kendoggie. i'm just starting a portfolio, better to buy one full position at a time or smaller amounts of all five at once? absolutely the latter, one of the things when are you just starting, i mean, it just happens to be the luck of the draw here. everybody just started immediately the first thought, went down very big this is an insurance plan against that happening to you. so no, i don't want you buying all at once. buy in stages. okay, this one from @motorrat. how do you determine target prices for action alerts.com portfolio. my charitable trust. stephanie link and i talk about it constantly. we try to figure out where we think the stock would be too expensive. peg ratio or price to earnings mobile ratio, and we are afraid we'll start giving things b
. ben's father beg president putin to think twice before signing the bill into law. >> just from father to father, president putin, i just ask that, as a father, just to consider what's happening to the families that are in process. let us at least go through the process of bringing home our children. >> reporter: right now it's estimated that 1500 kids are in the process of being adopted. if this law goes into effect january 1, those adoptions could come to a screeching halt. in the newsroom, melissa mollett, news4. >>> john mccain condemned the new legislation, calling it shameful and appalling. in a statement he said the effects are cruel and malicious. thousands of babies and children who had a chance for a loving home and better future will now be denied that opportunity. to punish babies and children over a political difference between our governments is a new low, even for president putin's russia. >>> more people wanting a chance to attend the inaugural ball next month, the limited number of tickets, the official ball will take place january 21st at the washington convention cen
on ben gi sai? we'll never know the truth, will we?" i think we will. it may take time, but we will. that moments ago, president obama saying he still has hope. >> i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. >> and as we speak, rich edson is live in washington with the very latest. >> well, it's up to the senate. staffers and a majority leader harry reid, minority leader mitch mcconnell are trying to negotiate a scaled-down debt deal to avoid some of the fiscal cliff and take other major decisions on taxes and spending to the future. again, in an afternoon white house meeting president obama pitch a debt plan he had outlined a week ago, prevent a tax increase for income of less than to an effective thousand dollars per year and extend long-term unemployment benefits. senate leaders are using that framework to try to craft a proposal to pass both houses of congress. aides say it would likely increase the threshold for tax increases, reversing massive pay cut from
-called fiscal cliff was coined by ben bernanke. the story from "roll call." "it could be reached over this weekend." were heard from the house rules committee chairman yesterday. they are taking steps in advance to extend these tax cuts. a deal could be on the floor today if there is an agreement. from "the washington times" this morning. "offers fly, but still no agreement" is the headline. mitch mcconnell bypassed senator reid to speak directly to the vice president. host: mark is joining us. your thoughts from manassas, a virginia. caller: good morning. thank you for c-span. we voters know this country has a lot of issues going forward. if they can take a bite out of these difficult issues one at a time, how will they make sure this country is put on a better footing? this is item number one in a list of hundredsd. -- in a list of hundreds. they are not willing to raise any taxes. just rolling back some of the bush-era tax cuts. when you're having issues, you have to make tough choices. host: thank you for the call. the damage may be done. some of the comments yesterday. [video cli
of individual americans. and we all remember the wonderful comment by ben franklin -- i will paraphrase it -- but essentially ben franklin said that if you give up your liberty to have security, you really don't deserve either. and so we owe it to the hardworking men and women in the intelligence community to work closely with them to find that kind of balance that ben franklin was talking about, and we can help them do it by conducting robust oversight, roy bust oversight -- robust oversight over the work that's being done there so that members of the public can have confidence in the important work being done by the men and women in the intelligence community and confidence that, as we protect our security at a dangerous time, we are also protecting the individual liberties of our people. now, mr. president, the story with respect to this debate really begins in early america when the colonists were famously subjected to a lot of taxes by the british government. the american colonists thought thathat this was unfair because they were not represented in the british parliament, and they
. we spoke with ben nelson. that is followed by a jerry lewis -- by jerry lewis. senator ben nelson is retiring fr the senate aft 12 yea he spoke to us about why he thinks compromise in the senate is not a four-letter word. this is 40 minutes. >> thank you for spending a half-hour with us to talk about your 12 years in washington. it ended with the reelection of barack obama. if you could think of adjectives, what would they be to describe these seven years? >> interesting. challenging. sometimes totally frustrating. full of opportunities for the country. there were good times during these 12 years, laced together with some that were not so good. 9/11. the anthrax scare. there were also positive things. the election of barack obama i thought was a very positive statement for the country and moving forward in a way out of a fiscal of this. abyss.thi i could not have imagined a better time to have been here with all of the things that have happened. >> let me ask you to look back over those 12 years and ask what the high point was. >> when we could work together. maybe the single even
are usually a good indicator of how the oscar race will shape up. >>> some other films to watch, ben affleck's nail-biter "argo." also scored a best picture golden globe nomination. the critics have been raving about his directorial performance. listen to what he told me drew him to this project. >> i wanted to make a movie about people who sacrificed for their country were more grounded and realistic. what it cost them in their marriage, they never see their kids, they can't tell their family where they're going or when they'll be home. the uncertainty they have. will i ever come back? will i die overseas? >> and this isn't affleck's first time directing, he directed "gone baby gone" in 2007 and "the town." >> doc, she's crazy. >> and if you're in the mood for something more comedic, check out "silver linings playbook" which co-stars bradley cooper and robert de niro. lots of stars to watch, so many movies to see. get the popcorn ready. alison, christi? >> thanks, kareen. >>> so what do anderson cooper, kathy griffin, and nude pictures on a couch have in common? >> i don't think i want to k
is wrong. ben affleck will get best director for argo which is an excellent movie. he is popular in hollywood and i think he did an excellent job with the movie and does great acting in it. the other movie would be zero dark thirty. there has been a lot of criticism about that because of the torture and as we know hollywood doesn't like those things. >> i think the fed zero interest rate policy will turn out to be more of a problem and there will be a crisis. people will understand the monetary policy. even the gold standard much ridiculed these days will come back into a serious discussion as a way to constrain the fed from printing endless money. >> senator bayh. >> housing which led us into the recession and caused the financial panic because of housing relate the instruments has held the recovery back will now start overperforming and lead the economy toward a better growth path helping to offset declines in government spending and consumer unis sent. i think housing will contribute to the economy. >> chris: byron? >> apple computer which not too long ago became the world's m
boys. a nationwide search was under way to locate ben an henry. they were on a holiday trip with their father in tennessee. we were supposed to return to georgia december 24th but they never came back. during our live interview teresa sent a message to her son. >> children, please call mommy. you know my phone number. i have taught you how to do it. if daddy doesn't have a phone, you can ask anybody you see. anybody you see has a phone. remember my number and call mommy's number. you can ask people at stores. you can ask people at the gas station. you can ask people anywhere you see. you need to call mommy and vf at phone. they will help you. anybody will help you. call mommy. >> just minutes after that interview, the boys called their mother, told her that they were safe, and that they were in austin, texas. police there tell cnn that someone at a hotel recognized the boys from the amber alert and our program and they contacted police. >> the law enforcement community nationwide, we take these amber alerts seriously when it deals with kids, with children. this is one of tho
to defense spending and other programs. fed chair ben bernanke warned that if these cuts went through, and we're looking at a deadline that's 16 hours away, the country risked going over what he called a fiscal cliff. since the president's re-election, he and republicans have traded offers and counteroffers, finding little common ground on tax increases and cuts from entitlements. president obama and speaker boehner met one on one. nothing happened. the speaker offered plan "b," never got enough support within his own party. here we are all over again. do we have tom coburn? joining us now from capitol hill, republican senator from oklahoma, senator tom coburn. senator, thanks for being with us. >> you're welcome. >> so, why, first of all, does this deadline tonight matter? and i heard you make comments yesterday out on the streets of washington to a reporter that you think we're going to go over the cliff? >> i do. >> okay. >> i do. let me take issue with a couple of things you said. >> okay. >> number one is we haven't cut the first penny yet from the federal government, and it's important
of her debit card, she bought some gas... and an all-expense-paid trip to hawaii for ben. ben is the identity thief who used a device called a skimmer to steal her information from her card to open a fraudulent account. every year millions of americans ju like you learn that a little personal information in the wrong hands could wreak havoc on your life. this is identity theft, and no one helps stop it better than lifelock. lifelock offers the most comprehensive identity theft protection available. ordinary credit monitoring services tell you after your identity has been stolen; they may take 30 days to alert you! too late for amanda. with lifelock's /7 proactive protection, jill would have been alerted as soon as they noticed an attack in their network, before it was too late. and lifelock's bank account takeover alerts would have notified amanda in time to help protect her money. lifelock guards your social security number, your money, your credit, even the equity in your home. while identity theft can't be completely stopped, no one protects you better than lifelock. and li
could get really volatile next week if ben austen this situation. host: cliff talks down to the wire. guest: that's right. majority leader harry reid yesterday said we might not even have time to get a deal even if we reach an agreement, just because of the mechanics of the house and senate and how long it takes to pass legislation. i think if they get a deal, they can somehow get it through. there's no room for error. if they come out of the meeting at the white house today and everyone shrugged their shoulders and says there's no way we can do this, that sends a signal to the american people that we are going over the cliff. you think?doe guest: we're going over the cliff probably. republicans are so dug in on this issue. they got into the house and senate based on their views on taxes, medicare, social security. it is hard to imagine in the next three days they will have some huge concession and reversed the views they have held 20, 30, 40 years. at the same token, maybe they will say what will happen to the economy is so damaging that i have to compromise my position, and that wi
cliff. this fall is really going to hurt. ben white of morning money, dennis, said an excuse to get a bic can keeney on the cover. >> relatively slow news day. what geithner did yesterday is almost as if he is strapping a damsel in distress to the tracks and saying the stakes are rising higher. the markets are taking all this tension, all this sort of -- these things at stake to really make the point perhaps that you have to have those stakes really high for people actually to get a deal. >> on "fast" last night when that letter crossed in the green rooms, we were chatting, we said this sounds like a ploy on the part of the treasury to actually get people to start moving. obviously, there wasn't a market selloff, did have the stumbling blocks and traders on friday said almost better if we did see the markets pull back more to crystallize what this could mean for the u.s. economy to members of congress. we didn't see that. it is a numbers game though in terms of what will happen. we know need 60 votes to clear a fill buster in the senate. seven republicans need to go along a lot of j
, benning your legs like that, and with the concussion, one of the things she was told was to rest. not easy for her to do, i can tell you for a fact. that may be part of the inactivity. >> and we don't know what the cause is. back in 1998, it was deep vain thrombosis. >> dvt, a clot in one of the leg veins, in and of itself, not a problem, but it can break off and go to the lungs, called a pulmonary embolism, she is on blood thinners, and you treat the brain clot. this is within one of the blood vessels in her legs. they haven't told us. >> what do they do about this? once you have had an episode of dvt, what's the treatment? >> blood thinners, you want to tip the balance a little bit so you are more likely to break up the clot. the downside, rumor likely to bleed if you injure yourself. it's a careful balance and that's the monitoring in the hospital right now. >> i heard people say if you travel a lot you should take the low-dose aspirin is that true? >> baby aspirin. a lot of people take it for all sorts of reasons. >> i like the flavor. >> orange. >> orange flavor. >> and it will keep y
caught you talking with senator ben nelson of nebraska. here's what he said. >> if we don't have a deal within the next 24 hours, the question is where do you buy a parachute? looks like we'll be going over the cliff. because the closer we get to the end, the less likely it is you're going to be able to compress an agreement into place that will have enough votes to pass. >> compress is probably a nicer word, ram it through is probably what is going to have to happen in order to -- listen, he just said 24 hours, lisa, to reach an agreement. let's say that happens. maybe some kind of deal at the white house today. what would the mechanics of rushing the deal through congress and getting it passed into law in the next few days, give me those mechanics. >> okay. let's break it down so people are really clear on how this could possibly happen. there are some hurdles that congress would have to get passed, some they set up themselves. the first, the house has a 72-hour rule, they have to have bills printed, 72 hours before they vote on them. but the house has gotten around that before. they
. that means pushing back on the benefits. they are fringe ben 50s of the military and there is it a lot of uncertainty for you and your family. they are the most population in the united states. moving from base to base. you don't know what type of access you are going to get. they are indiscriminate. >> and you are likely to see a increase in tricare. explain that. right now tricare fees have not gone up the way health care fees have gone up in the civilian side. there is a depressed for sometime . you can see them dramatical low increased and three times as much as they are today . they could pay $600 or less than that . there is big increases in what they are paying for tricare. >> and defense contractors. it will not be purchased again . pete, thank you for joining us . happy new year and hopefully better news in the new year. >> coming up. mickey mouse on mercurrie . coolest out year . live to times scare . it is a chilly morning with a sneak preview of the preps underway and people are starting to gather out there already. at 100 calories or less, there are plenty of reasons peopl
comprise the seven republicans and seven democrats to spearhead with john warner, john mccain, and ben nelson. it was born to avert an institutional crisis as a result of repeated, systematic filibustering of president bush's judicial nominees in the senate. in response, the republican majority were going to exercise the nuclear option and it would have jettisoned longstanding rules requiring 60 votes to end a filibuster. the 60-vote threshold has always been protecting the rights of the minority, but when it becomes just a simple majority vote? how that happened? it would have had enormous implications for the future of the senate. just as we were about to cross the political rubicon, the gang of 14 forced a pact based on mutual trust that we would only support a filibuster under what we labeled as extraordinary circumstances and we would oppose the nuclear option. it embodies the very manifestation of the power of sense is building. as this body contemplates changes to its rules in the next congress, i would urge all my colleagues who are returning to follow the gang of 14 and exerci
heard from senator ben nelson. if we can, let's play that sound bite from a few hours ago. we don't have that sound bite ready at the moment. i'm sorry about that. what senator nelson said was the next 24 hours are the window if something doesn't happen in this next day, then there may be no chance of getting a fiscal cliff deal by january 1st. so that's along the lines of what senator reid is also saying. here we are, critical hours yet again. >> they are running out of days, as you know. we'll get back to you when you get that statement from senator mcdonnell. thanks so much. >> you got it. >>> cnn's chief correspondent ali velshi has a lose closer look at how lawmakers and president obama got themselves in this mess in the first place. >> now we've passed a bold package of tax relief for america's families and businesses. >> it starts more than a decade ago when then president george w. bush initiated a series of tax cuts for all americans but it's a deal with the devil. the cuts, which are politically expedient but costly to government expire in ten year's time. >> both houses of con
but not be very good investments. >> that's the question people have been asking, value investors since ben graham created the field. the answer is, there's no identifiable catalyst. the beauty of value investing is you buy something less than its intrinsic value, and eventually that value gets realized. it just can't see what's going to make it happen up front. >> charles, david, thank you guys. talk to you soon. >> thank you for having me. >> we take you live to the nymex to find out exactly what is behind the $2.45 move. that is a big move. for a number of shoppers, post-christmas rituals include, of course, gift cards today. and many unhappy returns. up next, jane wells will be with us in l.a. with the lowdown. good morning. >> hi, simon. yeah, you were just talking about it a little bit. there's been this transition from my generation, yes, i'm old, i like to gift, even if i don't like it, to my kids, 20, 22, they just want gift cards they don't care about the thought. give them the money. and is it enough to save christmas. we'll have that after the break. >>> welcome back to "squawk on the
is #fiscalcliff. ben says "still hard for me to believe that the house will force the nation ought the fiscal cliff into recession, which is what amending this bill would do." "i just finished reading the senate bill. this is not a bad deal, it is however only one step, many to go." "the fiscal cliff deal is an increase in taxes to support wasteful government spending. nothing to celebrate over." "we are getting a raw deal. more taxes. no cuts. not the way to balance a budget." >> we're going to take a call from daenny. caller: good afternoon. i want to say that it is a shame washington cannot get its act together and do its job on this fiscal cliff. i seriously believe that if they do not get a dozen in this congress that the 113th congress will get it done. host: the hundred 13 congress comes in on thursday. we will be live from capitol hill with that. in the meantime we have at least today and tomorrow of the 112th congress. michelle is in palm bay, a republican. caller: i wish responding to the comments earlier when the guest baker was on about well for -- welfare reform. i see way too ma
of the wall street journal. >> we will break away. live now to the capital. that is senator ben nelson from nebraska, retiring, make your marks on c-span. -- making remarks on c-span. thank you. we thought we would catch a moment of his comments, which were brief. we're standing by four senators coming back from their party caucuses. caller: the other thing is harry reid has not voted on over 40 bills the republicans have put up there, and he blames republicans. , isopod you were supposed to bring bills up there and talk about them and vote on then. they have not pass a budget in over four years. they are not being responsible for that. guest: that is what makes him such a powerful figure. they said we sent you the legislation that would help the deficit cannot help create more jobs, and democrats in the senate have not acted. democrats say those are partisan bills with no bipartisan support. that is why the leader -- senate leader reid is going to be at the white house today because his signing off on anything is vital. guest: one of the things we sell was financial markets to end it out m
tatum, of course. he really ruled it. you also saw ben affleck who is always a hot guy in hollywood. blew people away with his direct orrial skills, daniel day lewis as "lincoln," hugh jackman in "les miserables" and ann hathaway, of course. i saw it last night. it blew me away. >> what about music? >> one of the best years like ever for taylor swift. >> ever, ever! >> she had "we're never ever getting back together," the best kiss-off anthem ever. that was number two on my best songs of the year list actually. and gotier who came out of nowhere from australia with somebody i used to know, this very odd duet that sort of took over the charts. we also had fun with "we are young," this new rock trio that had a song called "some nights" and carly rae jepsen. "call me maybe." you can listen to it on the treadmill for the entire 40 minutes and it works. >> we haven't even mentioned gangnam style yet. >> are we ready to retire? come the new year -- >> i say that until it comes on the radio. >> i see willie with one of these. >> we'll be singing it tonight. >> happy new year. we're back af
they do that. in london, big ben chimed at midnight and fireworks lit up the sky over the london eye. people started to line the thames river yesterday afternoon. >> what happened to shanghai? >> not only did they have fireworks, they had a laser show as well. weren't fireworks invented in china? any way, they know how to do them. >> thank you very much. we're up for a special edition of "fox and friends" because of what happened in the senate last night. we're going to keep you updated. we've got doug mcelway, he's going to give you an update on what happened in about a minute. >> i was at disney for the practice for the new year's day celebration on, was it new year's eve or the day before new year's eve, the 30th -- it's hard to remember what day it is. that was the most incredible thing. at one point i thought we were being attacked. i believe i was at one of the parks. magic kingdom. >> two days ago, you don't know where you were? >> one day leads to the next. >> if it's tuesday, this is "fox and friends." brian, you're fired. >> i did miss monday. the good news is the senate ap
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